Primark Menswear

A franchise is a legal agreement between franchisers and franchisees that consents use of the franchise’s trademark and trade name or marketing plan

The underlying company opened its stores in the United Kingdom and also the headquarter of the underlying company is located in the United Kingdom. Primark offers a variety of products which includes the kids clothing, men’s and women wear, accessories and beauty products, homeware and footwear etc. The main purpose of the underlying company is to sell the products at the lowest cost. The most crucial retailers of the underlying company include H&M and Zara. After the year 2000, Primark expanded its business in the United Kingdom. There are total 179 stores of the company in the United Kingdom. In the year 2006, Primark has joined trade unions and NGOs in order to work on the rights of labour. Primark used the effluent treatment plant that helps the company in eliminating the chemical in the manufacturing process. The waste water is used in the washing of the clothes and dye. The waste water then transferred to the tank and it separates from the dirt and dust. After that air plays a crucial role and it is used in the water in order to mix the water and lower down the temperature of water. In order to increase the Ph of water, a highly liquid is mixed in the water that helps to increase the Ph level of water. Ph is used in order to measure the liquidity and the acidity of water. Also, other liquids can be identified by using the Ph (Fezzi et.al, 2014

The first choice of business is the franchise. In a franchise, legal binding agreement is entered into between two firms, the franchisor (the product or service owner) and the franchisee (the firm to market the product or service in a particular location). The franchisee pays a certain sum of money for the right to market this product” (Rubin, 1978, p.224). The franchising is more prevalent in the restaurant industry (Hoffman & Preble, 2003). The two distinct features of this business type include; first, in order to notable service components should

Primark uses all kinds of methods to be engaged in its different benefit related community. For example, Primark for with one

Primark, which was founded in Ireland in June 1969, is a subsidiary of Associated British Foods. It has nearly 300 stores

Introduction Opening up a business such as a franchise can carry many risks, both financially and personally but can also be very rewarding and challenging. Some people make a decent living, some end up rich, then again, plenty of people fail. (MSNMoney, 2014) There are many advantages of owning a franchise. Some advantages are that you have association with a well-established brand, reputation and product or service, access to established standard procedures, operating manuals and stock control systems.

PRIMARK: THE MARKET Primark specialise in low prices. Please note that when I say low, what I really mean is INCREDIBLY LOW. A ladies fashion belt for £2, a pair of mens fashion jeans for £8....you 're getting the idea. In order for Primark to make a decent enough profit after paying its work force and all its other expenses at these sorts of prices, it needs to sell sheer volume. Bulk sales, in more confined terms. In their method of bulk selling lie several advantages and several disadvantages but be well aware from the start that Primark is not about high price and top notch quality. It is about slightly low but still reasonable quality for a very very low price.

Franchising is defined as “a commercial agreement between a party that owns a trade name or trademark (the franchisor) and party that sells or distributes goods or services using that trade name or trademark (the franchisee) (Kubasek et al., 2015, p. 431). There are key advantages for choosing a franchise when starting a new business. First, there is many times instant brand awareness that is identifiable by potential customers, which you as a new owner do not have to concentrate on building. Secondly, on-going marketing of your business is backed by the power of the established brand, and could be as simple as contributing a fee to a advertising fund that is driven by the franchisor. Thirdly, the Return on Investment (ROI) will most likely be faster as the customers are “ready-made” and eager to buy your product or service. Fourthly, the franchise model provides a built-in support model, both from the franchisor and from other franchisees throughout the region and nation. Lastly, the franchise will provide consistent and extensive training in every aspect of the business (Goldberg, 2015).

The company is recognized as the clothing retail brand covering a wide range of women 's wear products, men 's wear, children 's wear and home products bearing cheap prices with a wide range offers and discounts schemes which proves beneficial to the consumers. PRIMARK has not only restricted itself to the manufacturing of clothes but also deals with apparels and accessories available to all human sizes. When it comes to fashion, Primark aren 't half bad. Primark tend to follow high street trends. It has several lines to cover as many targets as possible such as women clothing, men clothing, shoes, accessories, baby clothing, children clothing, underwear, swim wear, night wear and house clothing. It has different brands for each sector, the main ones are:

Although Primark is primarily known for offering on-trend ladies fashion at the low cost end of the market, it stocks a diverse range of products including baby and kids clothes, menswear, footwear, accessories, home ware, beauty products and confectionery. Primark prides itself on being “adored by fashion fans and value seekers alike” and being “right on the bubble in terms of fashion and what people want to buy”. The company does so by keeping costs to a minimum, getting its buying right and investing in big bright stores. According to ABF, Primark sold out both its autumn/winter and spring/summer ranges with little discount, which is a ‘testament to the success’ of the company’s buying teams. The company has all of its merchandise made specifically for its stores and so Primark has its own fast-fashion brand names.

Franchising is a well-known business and commerce procedure that brings together the title-holder of recognized merchandise with another business or products. This system is readily used by small businesses and companies to provide as a mean to provide authentication and support for their business by having a brand name of a well-known company associated with it. However like most business entry strategies franchising to has some

Franchises are across the world and their growing. places such as McDonalds,7eleven and Burger king have been around for a while, and will continue until the day the world dies. A franchise is a business relationship in which a franchisor grants a license to use the name of the business calling him the franchisee. To become a Franchise is not an overnight task Capital has to be raised to purchase a franchise. Most franchises can be up to one million dollars or more. After raising capital, a franchise can be purchased, but there are rules and regulations that must be followed. Franchisees have duties and responsibilities they have to account for. Then the franchise agreement that needs to be followed to the letter.

Today, franchising is a highly regulated industry which offers a great opportunity to those individuals who truly want to realize their dream and go into business for themselves.

Franchising as it is generally known today is a form of marketing or distribution in which a parent company customarily grants an individual or a relatively small company the right, or privilege, to do business in a described manner over a certain period of time in a specified place. The parent company is termed the franchisor; the receiver of the privilege is called the franchisee;

Franchises are across the world these days’ place like McDonalds,7eleven and Burger king have been around for a while and will continue until the day the world dies. A franchise is a business relationship in which a franchisor grants a license to another business a franchisee. To become a Franchise is not an overnight task. Capital needs to be raised to purchase the franchise most franchises can be up to one million dollars or more. After raising capital, a franchise can be purchased, but there are rules and regulations that must be followed. Franchisees have duties and responsibilities they have to account for. Then the franchise agreement that needs to be followed to the letter.